Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Eternit Rises in Sao Paulo as Weak Real Boosts 4Q Exports

Eternit SA rose to the highest since October after the Brazilian construction materials manufacturer reported an increase in fourth-quarter sales as a weaker real boosted exports.

The shares rose 1.8 percent to 9.16 reais at the close of trading in Sao Paulo, the highest price since Oct. 26. The benchmark Bovespa index fell 0.7 percent.

Exports in the three months ended in December rose 62 percent to 54.1 million reais ($27.3 million) driven by “foreign exchange gains,” the company said in a regulatory filing today. Brazil’s real weakened 1.2 percent against the dollar in the quarter, the biggest drop after the Japanese yen and South African rand among 16 major world currencies tracked by Bloomberg. Eternit’s total revenue in the period was 255 million reais.

“Considering an increase in exports and the real’s decline, revenue from the external market were the main positive highlight of quarterly results,” Wesley Bernabe, analyst at Banco do Brasil SA, wrote in a note to clients today.

Eternit rose 11 percent this year through yesterday while the Bovespa index fell 6 percent.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.